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Fly News Breaks for July 14, 2015
ARRS
Jul 14, 2015 | 07:41 EDT
Brean Capital trimmed its estimates and price target again on ARRIS, but said they would be buyers on weakness as they still expect upside for the stock. The firm feels the demise of the set-top box is overstated and the company should benefit from its Pace acquisition, which should close this year. Brean Capital reiterated its Buy rating and lowered its price target to $40 from $43 on ARRIS shares.
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